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19 <br />FXTTTRTT F. <br />Southern Branch Library - Estimated Project Activity Timeline <br />This estimated timeline for the development, construction, and operation of the potential <br />Southern Branch Library is as follows. A conservative 4 -6 month contingency interval <br />for is reasonable for planning purposes and process delays. Bolded activities signify <br />Board of County Commissioner actions. <br />Event <br />Estimated <br />Completion Date <br />Board of County Commissioners Action: <br />October, 2014 <br />Approval of Letter of Intent between Orange County and Main <br />Street <br />Board of County Commissioners Action: <br />December, 2014 <br />Approval of Contracts with Main Street <br />Board of County Commissioner Action: <br />April, 2015 <br />Designer, Construction Manager at Risk firms selected <br />through RFQ process <br />Carrboro CUP process (est. 9 months) <br />September, 2015 <br />Board of County Commissioners Action: <br />November, 2015 <br />Design approval; <br />Authorization to finalize construction documents and solicit <br />Guaranteed Maximum Price; <br />Regulatory review & construction permitting; <br />Acceptance of LGC financing review and approval <br />Board of County Commissioners Action: <br />April, 2016 <br />Approval of Guaranteed Maximum Price <br />Project construction & systems commissioning (est. 8 months) <br />December, 2016 <br />Board of County Commissioners Action: <br />February, 2017 <br />Condominium Declarations Recorded; <br />Conversion of Ground Lease to Condominium Interests <br />Library Occupancy; <br />February, 2017 <br />Library operations start -up <br />Opening <br />April, 2017 <br />18 <br />